openPR Logo
Press release

Biologics Contract Manufacturing Market: Navigating Opportunities Amidst Evolving Healthcare Landscape

03-08-2024 03:04 PM CET | Health & Medicine

Press release from: Transparency Market Research

Biologics Contract Manufacturing Market

Biologics Contract Manufacturing Market

The biologics contract manufacturing market is witnessing a significant surge in demand, primarily driven by the urgent need for RNA-based COVID-19 vaccines. While studies indicate that patients with asthma might not be at a higher risk of severe COVID-19, the scarcity of information regarding the risks associated with COVID-19 in patients with severe asthma has prompted pharmaceutical and biotech companies to focus on vaccine production. Consequently, numerous mergers and agreements are being formed between these companies and contract manufacturers to ramp up vaccine development efforts, thus creating revenue opportunities for contract manufacturers.

Download sample PDF copy of report:https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78042&utm_source=OpenPR_Ajay&utm_medium=OpenPR

Process intensification (PI) is emerging as a crucial strategy to accelerate the production of life-altering therapeutics amidst the ongoing pandemic. With biologics' complexities and long production cycles, PI becomes essential to eliminate manufacturing bottlenecks. Companies like Sartorius AG are offering solutions for process intensification, enabling contract manufacturers to meet regulatory deadlines and address the growing demand for biologics effectively.

The commercialization of therapeutics such as ublituximab for blood cancer treatment is reshaping the landscape of the biologics contract manufacturing market. As monoclonal antibodies gain prominence in cancer treatment, companies are expanding their contract manufacturing deals to support the production of these life-saving therapies. Collaborations are being forged to increase the availability of such therapeutics and meet global demand, underscoring the market's dynamic nature.

Glass Containment Solutions and Drug Delivery Devices Ideal for Next-gen Biologics

Innovations in glass drug containment solutions and drug delivery devices are poised to drive the next wave of growth in the biologics contract manufacturing market. Companies like Stevanato Group are leveraging state-of-the-art technology to provide solutions tailored for next-gen biologics, including recombinant proteins and monoclonal antibodies. The increasing prevalence of diseases like rheumatoid arthritis and osteoporosis further fuels the demand for such solutions, highlighting their critical role in administering biologics effectively.

Key Drivers and Challenges

The growth of the biologics contract manufacturing market is underpinned by the robust biopharmaceutical industry and a promising drug pipeline. With over 3,500 recombinant proteins and antibodies in pre-clinical and clinical trials, the demand for biologics clinical development and manufacturing services is set to soar. However, the high cost of biologic drugs remains a significant restraint, posing challenges to market expansion.

Competitive Landscape and Future Outlook

The biologics contract manufacturing market boasts a fragmented landscape, with a mix of global players and regional firms vying for market share. Prominent players such as Lonza Group, Samsung Biologics Co., Ltd., and WuXi Biologics are actively pursuing strategic acquisitions and collaborations to strengthen their market position. With continuous investments in research and development, coupled with strategic partnerships, the market is poised for substantial growth in the coming years.

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=78042<ype=S&utm_source=OpenPR_Ajay&utm_medium=OpenPR

More Trending Reports by Transparency Market Research -

Tracheostomy Devices Market

https://www.globenewswire.com/en/news-release/2023/04/04/2641254/0/en/Tracheostomy-Devices-Market-Size-to-Cross-USD-291-3-Mn-Revenue-by-2031-Due-to-the-Rise-in-Demand-for-Homecare-Services-TMR-Study.html

Pharma Tubing Market

https://www.globenewswire.com/en/news-release/2023/04/04/2640861/0/en/Global-Pharma-Tubing-Market-to-reach-US-23-8-Bn-by-End-of-2031-Transparency-Market-Research-Inc.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com    
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biologics Contract Manufacturing Market: Navigating Opportunities Amidst Evolving Healthcare Landscape here

News-ID: 3420159 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Biologics

Biopharmaceutical CMO Market 2020 Business Scenario – Lonza, Boehringer Ingelh …
The report provides a valuable source of insightful data for business strategists and competitive analysis of Biopharmaceutical CMO Market. It provides the Biopharmaceutical CMO industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Tire Biopharmaceutical CMO study provides comprehensive data which enhances the understanding, scope and application of this report. the
Extracellular Matrix Market Detailed Analysis 2020: Top Companies like Coloplast …
The global extracellular matrix market by raw material segments was led by porcine segment. In 2018, the porcine segment held a largest market share of 41.09% of the extracellular matrix market, by raw material. However, the bovine segment is expected to be the fastest growing segments of the market in 2027 owing to more beneficial properties to treat various conditions which is expected to become the major factor for the
Biopharmaceutical CMO Market 2018-2023 :Lonza, Boehringer Ingelheium, Samsung Bi …
Global Biopharmaceutical CMO Industry - A Global Market Overview (2018-2023) (Avail A 10% Off) The "Global Biopharmaceutical CMO Market Research Report 2018-2023" is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides
Global Biopharmaceutical CMO Market Key Profiles - Wuxi Biologics, Boehringer In …
Global Biopharmaceutical CMO Market was valued at USD 13296.29 million in the year 2019. Escalating number of patients suffering from various diseases with growing investment in the healthcare industry by government in major economies and increasing awareness among consumers regarding impact of various viruses on health, has been anticipated to infuse growth in the market for Biopharmaceutical CMO during the forecasting period of 2020-2025. Get Free Sample Copy of this Research
Plant-based Biologics
Increasing demand for biologics for various chronic diseases and rising investment in R&D for the production of biologics is expected to contribute significantly to the growth of plant-based biologics market. According to Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development
Global Biopharmaceutical CMO Market 2018-2023| Lonza, Boehringer Ingelheium, Sam …
Albany, NY, 10th September : Recent research and the current scenario as well as future market potential of "Global Biopharmaceutical CMO Market - Analysis By Region, By Country: Opportunities and Forecast (2018-2023) - By Region (North America, Europe, APAC), By Country (U.S, Denmark, Germany, Switzerland, Korea, Japan, China)" globally. A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to